5//SEC Filing
HAUKE RUDOLF 5
Accession 0001144204-10-007642
CIK 0000838796other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:15 AM ET
Size
11.9 KB
Accession
0001144204-10-007642
Insider Transaction Report
Form 5
HAUKE RUDOLF
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2009-11-13$0.01/sh+10,000,000$80,000→ 10,000,000 total - Award
Stock Options
2009-02-13+700,000→ 700,000 totalExercise: $0.10→ Common Stock (700,000 underlying) - Award
Stock Options
2009-07-14+500,000→ 1,200,000 totalExercise: $0.05From: 2008-07-14Exp: 2010-07-13→ Common Stock (500,000 underlying) - Award
Stock Options
2010-02-13+1,200,000→ 2,400,000 totalExercise: $0.10→ Common Stock (1,200,000 underlying)
Footnotes (3)
- [F1]Reporting person earns 100,000 stock options for each month of service, vesting at the end of each month and exercisable over 4-year period at $.10 per share; amount of options based upon 7 month period, 7/14/08-2/14/09.
- [F2]Reporting Person earned these stock options for the 12-month period, February 14, 2009 through February 13, 2010, at the rate of 100,000 stock options per month of service. Each 100,000 of these stock options vest following each month of service and are exercisable over a 4-year period at $.10 per share.
- [F3]Price of stock options is indeterminable.
Documents
Issuer
MAGNITUDE INFORMATION SYSTEMS INC
CIK 0000838796
Entity typeother
Related Parties
1- filerCIK 0001440310
Filing Metadata
- Form type
- 5
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 6:15 AM ET
- Size
- 11.9 KB